Delaware License Law
What is the Delaware requirement for 'errors and omissions' (E&O) insurance for licensees?
AOnly brokers must carry E&O; salespersons are covered by the broker's policy
BAll active licensees must be covered by E&O insurance as a condition of active license✓ Correct
CE&O insurance is optional but recommended by the Commission
DOnly licensees handling commercial transactions must carry E&O
Explanation
Delaware requires all active real estate licensees to maintain errors and omissions insurance coverage as a condition of holding an active license, protecting consumers from claims of negligent acts or omissions.
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